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Licensed appraiser vs valuation consultant

The differences between licensed appraisers and valuation consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a licensed appraiser and a valuation consultant. Additionally, a valuation consultant has an average salary of $78,851, which is higher than the $43,844 average annual salary of a licensed appraiser.

The top three skills for a licensed appraiser include real estate appraisals, market data and property inspections. The most important skills for a valuation consultant are discounted cash flow, real estate, and litigation.

Licensed appraiser vs valuation consultant overview

Licensed AppraiserValuation Consultant
Yearly salary$43,844$78,851
Hourly rate$21.08$37.91
Growth rate7%7%
Number of jobs10,88744,247
Job satisfaction--
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 71%
Average age4949
Years of experience44

Licensed appraiser vs valuation consultant salary

Licensed appraisers and valuation consultants have different pay scales, as shown below.

Licensed AppraiserValuation Consultant
Average salary$43,844$78,851
Salary rangeBetween $28,000 And $67,000Between $54,000 And $113,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between licensed appraiser and valuation consultant education

There are a few differences between a licensed appraiser and a valuation consultant in terms of educational background:

Licensed AppraiserValuation Consultant
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 71%
Most common majorBusinessFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Licensed appraiser vs valuation consultant demographics

Here are the differences between licensed appraisers' and valuation consultants' demographics:

Licensed AppraiserValuation Consultant
Average age4949
Gender ratioMale, 59.9% Female, 40.1%Male, 74.4% Female, 25.6%
Race ratioBlack or African American, 4.6% Unknown, 3.9% Hispanic or Latino, 6.8% Asian, 2.9% White, 81.4% American Indian and Alaska Native, 0.4%Black or African American, 4.5% Unknown, 3.9% Hispanic or Latino, 6.7% Asian, 2.9% White, 81.7% American Indian and Alaska Native, 0.4%
LGBT Percentage8%8%

Differences between licensed appraiser and valuation consultant duties and responsibilities

Licensed appraiser example responsibilities.

  • Manage valuation disputes of clients with in-house or fee appraisers, submit BPO's/Appraisal reports error and concerns.
  • Provide mobile loan signing services for professional agencies/title companies/mortgage lenders; train prospective notaries public on proper signing procedure/details/etiquette.
  • Recommend disciplinary action to HUD, various government agencies, the Connecticut court system, and other clients.
  • Perform and/or oversee performance of appraisals of HUD foreclose properties throughout Virginia.

Valuation consultant example responsibilities.

  • Manage several SDLC phases for enterprise systems used by state government agencies to perform environmental and environmental management.
  • Develop a litigation support practice.
  • Perform valuations for transactions, litigation support, tax and regulatory purposes
  • Advise clients on the price or value across a range of assets, including intellectual property and securities.
  • Define and document a new application architecture which load client databases with properly format data using in-house develop Java ETL applications.
  • Review appraisals and BPO's to ascertain market value.
  • Show more

Licensed appraiser vs valuation consultant skills

Common licensed appraiser skills
  • Real Estate Appraisals, 17%
  • Market Data, 8%
  • Property Inspections, 8%
  • Residential Appraisals, 7%
  • Comp, 6%
  • FHA, 6%
Common valuation consultant skills
  • Discounted Cash Flow, 16%
  • Real Estate, 16%
  • Litigation, 14%
  • Business Valuation, 9%
  • Derivative, 7%
  • Valuation Reports, 7%

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